Steinitz says Israel will soon find ‘as much as four Leviathans’ worth of gas in new fields

Although the past year has been challenging with setbacks in developing the Leviathan offshore gas reservoir, National Infrastructure, Energy and Water Minister Yuval Steinitz said Thursday that Israel was planning to develop new gas fields in the coming months.

The next step, he said during a panel discussion, is to develop the natural gas market and integrate it into the larger geopolitical picture.

“I have no doubt that in the next three years, gas field advancements and the integration of natural gas into factories and transportation… will be an engine for growth,” he said. “It may be able to save us from a recession and return us to a reasonable growth level.”